Just Mortgages, one of the UK’s largest mortgage brokerages, has revealed it received no less than 50 applications to join its thriving self-employed division in Q2. This latest cohort is largely made up of existing self-employed brokers, looking to make the move from more corporate structures and organisations. Applicants also included a number of employed […]
Businesses in London may have to buy or rent homes for their employees if the UK government doesn’t take care to avoid replicating the Irish housing crisis, say leading audit, tax and business advisory firm, Blick Rothenberg. Heather Powell, head of property at the firm, said: “Recruitment teams at major employers in London, especially in […]
Landlords are struggling to keep their properties out of arrears, leading to more misery for renters in an already overheated market, say leading audit, tax and business advisory firm, Blick Rothenberg. Heather Powell, head of property at the firm, said: “The April – June 24 mortgage arrears stats published today show that landlords are struggling […]
The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the outlook for the mortgage industry has now recovered to its long-run norm. Business volumes continue to grow, with mortgage brokers processing an average of 102 cases in the year to June, an annual figure last reached […]
According to Savills research, office take-up in Birmingham reached 371,897 sq ft in H1 2024, a 12% increase on H1 2023, and up 4% and 2% against the five and 10 year average respectively. The trend towards premium, sustainable office space continues to be evident, driven by a growing recognition of the need for higher […]
Take up in the first half of 2024 is down by 56% across the South East industrial market, according to SHW’s H1 2024 Industrial Focus, however the outlook for the next 12 to 18 months is more positive with the political and economic climate now becoming more certain, and 3.5 million sq ft of lease […]
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced a two-year, fixed, 80% mortgage product across its standard, HMO (houses of multiple occupancy) and MUFB (multi-unit freehold blocks) ranges. The lender said that it is offering the following for properties with an A to C-rated energy performance certificate (EPC): 5.89% on a two-year, fixed-rate, […]
Prime residential property in world city locations remained resilient over the first half of 2024, recording an average growth of 0.8% and outperforming the 0.6% growth predicted for 2024 as a whole. 60% of the thirty cities analysed in the Savills Prime Residential World Cities index have seen positive capital growth reflecting a level of […]
Continued high build costs, planning delays and debt finance costs have impacted prices being paid for sites across the South East, according to SHW’s Q3 2024 Development Focus. Tim Hardwicke, SHW’s partner and head of agency, comments: “Despite this, there is activity in both the residential and commercial development markets, although developers are being more […]
This year to date has seen a slow take up across the South East office market after an improved 2023, according to SHW’s Q3 2024 South East Office Focus. However, Brighton has been an exception to this trend. Tim Hardwicke, SHW’s partner and head of agency, comments: “Although the office market has slowed, there have […]
